Air Products and Chemicals revenue and financials

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$281.00Change from previous close: +0.55%Absolute change: +$1.55

Close · October 6, 2026

In the fiscal year ended September 2025, Air Products and Chemicals reported revenue of $12.04B (−0.52% year over year). The net loss was $394.5M.

Annual revenue · 2025: $12.04B
  1. $7.5B2016
  2. $8.19B2017
  3. $8.93B2018
  4. $8.92B2019
  5. $8.86B2020
  6. $10.32B2021
  7. $12.7B2022
  8. $12.6B2023
  9. $12.1B2024
  10. $12.04B2025

Fiscal year ending in September. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−0.52%
FY to Sep 2025 vs FY to Sep 2024
Net margin
-3.3%
FY to Sep 2024: 31.6%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets40,44641,64541,24141,06041,65938,87340,01739,57536,97435,92234,11832,003
Current assets4,9645,0135,1035,8266,1485,1885,3526,3635,6776,0575,6505,201
Cash and equivalents9819511,0261,8562,3241,4911,8462,9802,3762,5351,9631,617
Short-term investments———0.00.01111185.061.8103272332
Receivables2,4402,5052,4932,3472,5492,4072,2712,1682,1502,2542,3292,163
Inventory752768788777798770739766756721709652
Net property, plant and equipment25,78627,61227,06726,28226,61725,00425,74824,41922,46420,99919,91418,446
Goodwill957959972964970887867905879883899862
Other intangible assets278284294294302282288312311318339335
Long-term investments5,8375,6575,6515,5345,3985,3115,0394,8994,9414,9434,7514,986
Current liabilities4,5753,5133,4984,2194,7605,2114,8094,1804,4754,0613,1193,896
Accounts payable3,5302,8573,0351,4373,368——1,452———1,213
Long-term debt16,85117,35217,34516,91716,48714,28813,31413,56512,94512,56511,9339,511
Total debt18,15718,35818,13918,40618,341———————
Total liabilities23,84923,49523,40423,71023,89122,09321,27920,90120,28719,58717,98916,342
Total equity (incl. minority)16,59618,15017,83717,35017,76816,78018,73918,67416,68716,33516,12915,660
Retained earnings16,30018,14417,83817,55917,95317,63719,76719,54617,99017,69017,51017,290
Minority interest2,7132,5002,4262,3252,2312,0762,0461,6371,5861,4221,2561,347